EIN 27-4259966

Altus Academy

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
2010
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Altus Academy develops students with strong character and academic preparation to succeed in college preparatory high schools, college, and beyond. The private, independent, not-for-profit elementary school started with a class of 16 fourth, fifth, and sixth graders on August 17th, 2013. Since then, the academy has grown to 57 students in grades one through eight during its ninth school year (fiscal year ended June 30th, 2022) while increasing opportunities for extracurricular activities. Altus Academy is located in Chicago, IL.
Total revenues
$1,021,564
2023
Total expenses
$722,494
2023
Total assets
$1,095,359
2023
Num. employees
13
2023

Program areas at Altus Academy

Altus Academy inaugurated its first class of sixteen, 4th, 5th and 6th graders on august 17, 2013. The Academy has expanded to 63 students in grades 1 through 8 in this the Academy's tenth year (fiscal year ended june 30, 2023).

Who funds Altus Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Center for Education ReformSupport Best in Class Education Providers$250,000
Foglia Family FoundationGeneral Charitable Purposes$150,000
John and Kathleen Schreiber FoundationScholarships$20,000
...and 6 more grants received

Personnel at Altus Academy

NameTitleCompensation
Alfredo VillegasPrincipal +$62,878
Sigourney RivasPrincipal
John P HeybachPresident$59,930
Sean HaleyBoard Member$0

Financials for Altus Academy

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,050,071
Program services$2,259
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-30,766
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,021,564

Form 990s for Altus Academy

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-25990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $150,000 from Foglia Family Foundation
April 2, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from John and Kathleen Schreiber Foundation
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $250,000 from The Center for Education Reform
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
751 S Sacramento
Chicago, IL 60612
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
altusacademy.org/ 
Phone
(312) 374-3148
IRS details
EIN
27-4259966
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B24: Elementary School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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